Color forecasting is a complete science in itself and color experts froma round the world gather every year to discuss color and predict trends. These experts come from design companies, paint manufacturers, trade associations, manufacturing companies of all sorts. The trends predicted for 2007 aren't much different than they were for 2006, however. This is good news for those of you in the middle of projects already. So there will be no clear cut "out with the old, in with the new" attitudes on the part of professionals.

So updating your home will be quite easily done with accessories, unlike some years past. Perhaps all you'll need do is get a new centerpiece for the table (which you know you were going to do anyway, right?) So you can just keep on rolling and be completely up-to-date in no time at all.

The most significant shifts will come in the categories of red and blue. One of the factors steering this is the upcoming Olympics in 2008 in Beijing. Reds will be moving into warmer AND cooler directions. You'll see coral and raspberry hues replacing the deep pinks.

We've been seeing our blues heavily influences by yellow, but we'll be moving more toward green-based hues. Think spa! Think ocean! We'll be losing some of the more intense bright colors for milder, more moderate tones as well. Look for more calming effects as a result.

Having said this, however, don't dump a color that is a favourite of yours. Trends come and go. But the way you feel about your home and the way you are able to function happily in your home - this is what is important. So go for versatility and longevity - not trends. Because of the volatility in world conditions, my advice is to seek colors that calm you down and help you feel safe and secure. Use accessories to punch up. You can easily trade them out. But keep the major portions of a room calm and tranquil.